Christian Hutchinson
Money Partner Deal any suggestions?
25 July 2018 | 1 reply
If everything checks out, I typically do a 50% / 50% split but you can do whatever the two of you agree to.
Isaac Lipscomb
New investor with ALOT of questions
9 August 2018 | 19 replies
The inspection contingency is a key element to the contract and almost impossible to execute without this feature.
Brian Kerr
First time potentially investing in a flip - advice please!
25 July 2018 | 2 replies
I was hoping the community could provide some guidance on what the process typically entails when contributing capital and any steps they've taken to protect their investment.
Raj G.
Cash Flow in NJ(North-East)
9 August 2018 | 15 replies
Hi, I was looking for cash flow in North-East New Jersey in rental properties, but at the max I reach at 0 cash flow.For example in Bayonne typical two family home(3 bed 2 bath each family) cost around $500K, taxes around 16K, rent around $1700/family. so after mortgage(20% down) , so total income is around $3400 also same is mortgage premium.other option is private lending where you can earn around 10% per year minimum.also considering the point that home prices are all time high right now.Can somebody share their example of cash flow in area like Jersey city, Bayonne, Newark,union etc.
Carmelo Rivera
Greetings Everyone new to BP and wanted to say Hi!
26 August 2018 | 4 replies
This site has a keyword alert feature that will notify other members when you mention specific words.
Brian Metz
Loan for Commercial Property
29 July 2018 | 6 replies
Bridge loans are more expensive than a conventional agency or bank loan but you can typically get higher leverage than you would with a bank loan because they typically have lower debt service coverage guidelines.
Randy Dickerhoff
Loan approval question
27 July 2018 | 11 replies
Typically if you are buying a slightly bigger place or something like that, it is a non-issue.
Eli M.
An accountant in Philadelphia, PA Philly
26 July 2018 | 5 replies
Not 100% sure what the process is in NY but typically you have to file paperwork in both states.
Jessica McCoy
Collecting past due rent from a military tenant
2 August 2018 | 5 replies
It is an entire process, and the collection attorney will typically charge up to 28% of the amount collected per month, in addition to a set fee to start the file.
Jessica Jarvis
For Sale by Owner Questions
5 August 2018 | 2 replies
Also who is responsible or typically pays those fees?